Sam McIngvale, head of product for Coinbase Custody, describes its new staking service. He explains how Coinbase Custody plans to permit its clients to take part in crypto networks whereas conserving these funds offline, what Coinbase needed to construct from an engineering and product perspective with a purpose to maintain funds safe and the way insurance coverage works for these property. We additionally focus on its plans to allow its clients to take part in governance, whether or not or not Coinbase.com will transfer in the identical route, which different blockchains it might provide staking providers for.
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Episode hyperlinks:
Coinbase weblog put up about staking with Coinbase Custody: https://weblog.coinbase.com/coinbase-custody-launches-staking-support-for-tezos-makerdao-governance-to-follow-68f7bc51bc53
Sam McIngvale: https://twitter.com/sammcingvale?lang=en
WSJ article: https://www.wsj.com/articles/coinbases-new-customer-incentive-interest-payments-with-a-crypto-twist-11553855400
Fortune article: http://fortune.com/2019/03/29/coinbase-crypto-dividend-staking/
CoinDesk article: https://www.coindesk.com/coinbase-leads-wall-street-to-brave-new-world-of-crypto-staking
